experienced Home Care Professional.
We keep the real estate and receive payments every month for rent and for the cost of the business. The caretaker/business owner can average $5,000.00 o e $5,000.00 or $6,000.00 or more per bed so let’s say they have 6 beds, that’s $30,000.00 per month or more. Plus, any Adult Day Care and referral income! We are setting up the business in a f s in a franchise like system so that it runs smoothly. Then, we sell the business side and lease the house to the new business owner. Business owners can be anyone but most of the time they are Doctors, Nurses or experienced Health Care Workers. It would not be hard for the new care taker/business owner to pay us $7,000.00 or more every month to lease the business and building. Why would someone pay that much per month? Well, they can own a very high cash flow business and not have to pay hundreds of thousands of dollars to get into that business.
We don't own the business, they do, thereby limiting our risk.
We own the building (as an LLC).
We can purchase an existing residence and do the renovations or we can build a brand new home. We have architectural building plans and pricing to build a safe and healthy, brand new, Residential Assisted Living home with a 10 year Home Warranty. In addition there are warranties on all of the appliances and utilities.
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